Most Expensive Cars Ever Sold at Auction
posted on Nov 14 2014 by Gabe Grover
Cars are considered as pieces of art to many. People not only look at cars as a means of transportation but as a form of expression and embodiment of emotion.
Of course, supercars like the Veyron and Hennessey’s Venom are priced at above a million, making them unattainable for the vast majority of us. But sometimes, a very special ‘piece of art’ appears at an auction and can fetch incredible amounts of money.
Here’re the 5 most expensive cars ever sold at public auctions.
Mercedes 540K - £7 Million (1935)
In fifth place is the 1935 Mercedes 540K, introduced at the 1934 Paris Motor Show, the 540K is the successor to the 500k. This specific model being the high door, open top, longtail special roadster, (of which only 28 were made) had 180Bhp and had a top speed of 110mph. But it is the historical value of this car that made it fetch such a high amount.
Ferrari 250 LM - £8.5 Million (1964)
Coming up next is a 1964 Ferrari 250 LM by Scaglietti was sold in 2013 for $14,300,000 (Approximately £8.5 million). This model was the 19th of 32 to be made and had previously been owned by William F. Farah, won 1st in its class at the 1968 24h of Daytona; making it quite a historically valuable automobile. It had a 320Bhp V12 6 cylinder engine with a 5 speed gearbox.
In third is the 1954 Ferrari 375 Plus Spider Competizione, AKA ‘The Fearsome Four-Nine’ (because of its 4.9 V12 engine. This model was the first of 5 to be built and is the only known surviving model. It was the first ever Ferrari to have independent rear suspension and a transaxle gearbox. It was incredibly powerful for its time too, producing 347Bhp, and with a top speed of 186mph it wasn’t slow either…
Mercedes-Benz W196R F1 Single Seater - £19 Million (1954)
The penultimate car on our list is a 1954 Mercedes Benz W196R F1 Single seater. This car fetched such a price due to its incredible historical value. This car was raced by five time world champion Juan Manuel Fangio. It spent the majority of its life being pampered by the engineers at the Damier-Benz Auto museum in Stuggart, Germany. This car had a 2.5L V8 engine and it boasted many innovations, one being the fact that it was the first car to introduce a fuel injected engine into formulae one.
Last but certainly not least, is a 1957 Ferrari Testarossa 250, which earlier this year, fetched TWENTY FOUR MILLION POUNDS at an auction. That’s right, no typo, I promise. This car has more historical value than most of the cars on this list. This exact model (chassis 0704) was named ‘one of the top five Ferraris on the planet ‘by Ferrari historian Marcel Massini. This is because of the untouched quality of this old vehicle. This model was previously owned by 1961 F1 World Champion Phil Hill, in fact, this is the exact car he drove alongside Peter Collins when he won the 1958 12h of Sebring, making it a car of the upmost pedigree.